In recent months, Microsoft, Apple, and Amazon have been battling to be the world’s most valuable public company after years of dominance by Apple. November marked the first time that Microsoft had surpassed Apple in eight years amid concerns by investors about Apple’s growth.

On Monday, Apple wasn’t among the top three most valuable companies. Instead, Google parent Alphabet was third in third place with a $740 billion market value, significantly higher than Apple’s $694 billion.